|
China doesn't want to be our partner |
|
|
|
|
Written by Stumo
|
|
Tuesday, 26 January 2010 |
|
The media is figuring out that China is not benevolent. Better late than never. They are not a trading partner - though we trade with them - they are a global rival.
“As China is emerging on the global stage with unprecedented power and influence,” said David Shambaugh, a professor of political science and international affairs at George Washington University who is in China as a Fulbright scholar, “it is not proving to be the global partner the United States and E.U. seek.” ...
The risk, Mr. Shambaugh of George Washington University said, is that “the world will be asking more and more of China but getting less and less in return.”
The Davos World Economic Forum - assembled this week - consists of internationalists who often disdain national boundaries and national interests, in favor of global private interests and imagined global public interests. Their free trade prescription has been devastating for regular people, but a bonanza good for global financial interests, until the crashes come and the Ponzi schemes are unveiled.
The 54 Chinese officials and executives — including the presidents of the country’s sovereign wealth fund and export-import bank — were expected not only to rub shoulders here [in Davos] but also, as one put it bluntly, to “go shopping.”
The free trade/comparative advantage theory has produced very bad and destabilizing results in a world that does not conform to the theory. Most countries - except the misguided U.S. - manage trade and their economy for national goals. If you pretend to engage in free trade with those countries, you will lose.
How about this for a global goal: Each country should seek to produce a diversified economic sector with sufficient vitality to meet jobs and income goals for its people, and trade with other countries to the extent that it strengthens, not weakens, these national objectives.
Trackback(0)
 |
|
In the news
|
March 2-4, The Coalition for a Prosperous America
Legislative Fly-In
CPA will hold its Second Annual Legislative Fly-In on
March 2-4, 2010. This is a powerful opportunity for us to work
together to advance trade reform in the halls of Congress. We need to
bring the concerns of the grass roots to our legislators.
This is efficient advocacy, well worth your time. We make all the
meeting arrangements with legislators or their staff, we put together
materials, we plan a message, and we pack meetings together in a
concentrated period of time. You make a bigger impact with your time
using only three of the 365 days in the year.
Click here to sign up for the CPA Fly In.
CPA has a special offer--limited time only: the first 50 registrants
get a free copy of Ian Fletcher's new book: Free Trade Doesn't Work.
This is a highly acclaimed book about trade policy and the needed
changes therein.
Agenda:
March 2, 2010: 2p to 6p - Group meeting for training, talking points and team assignments
March 3-4, 2010: Hill visits
Place: Capitol Skyline Hotel, 10 I ("Eye") Street SW, Washington, DC 20024
Once you sign up with CPA, reserve your room at the Capitol Skyline
Hotel by calling 202.488.7500. You should book for the evenings of
March 2 and March 3.
If you have questions about the events, please call Sara Haimowitz,
Development Coordinator, at 413-203-1410 or email at
This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
|
|
TrackBack URI for this entry
Subscribe to this comment's feed